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AG 2003 09 15
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AG 2003 09 15
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Last modified
3/3/2006 9:38:06 AM
Creation date
11/27/2017 11:41:51 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/15/2003
Board
Board of Commissioners
Meeting Type
Regular
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The Hotel/I <br />agreement <br />agreement <br />retail sales <br />agree to pr{ <br />the criteria <br /> <br />Each proje, <br />direction of <br />periodic rev <br />Board of C <br />modify, am~ <br />developmen <br /> <br />Items for co: <br />may include <br />A guara <br />informat <br />to be arr: <br />· The siz <br />infi'astru <br />· The qum <br />· The size. <br /> <br />onference Center Development Incentive Grant Program involves a contractual <br />,etween the County and a new, or existing business enterprise. The contractual <br />'ill provide for a financial incentive grant based upon the level of room revenues and <br />enerated within the project for a period of up to five full years. The County will <br />,idea financial inducement to the developer of hotel/conference projects that meet <br />~tablished within the guidelines of the H/CCDI Grant Program. <br /> <br />will be considered on an individual basis using guidelines established under the <br />the Board of Commissioners. The guidelines for this program will be subject to <br />ew at least every two (2) years after its adoption or sooner at the direction of the <br />)unty Commissioners. Changing economic conditions may cause the County to <br />nd or even terminate the program subject to compliance with any hotel/conference <br />incentive grants in effect at that time. <br /> <br />tsideration in authorizing a hotel/conference centbr development incentive grant <br />but not be limited to: <br />atee of cooperation in providing conference related overflow room reservation <br />on to Cabarrus hotel/motel operators during the period the grant is in place. Details <br />nged and monitored by the Cabarms County Tourism Authority; <br /> <br /> of the project based upon investment in site development, facilities and <br />ture; <br />tity and quality of employment opportunities created by the project; <br />nature and mix of meeting/conference spaces and support facilities; <br /> <br /> <br />
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